August 4, 2022
  • August 4, 2022

MFS Announces Closed Ended Fund Distributions

By on July 1, 2022 0

BOSTON–(BUSINESS WIRE)–MFS Investment Management® (MFS®) today announced monthly distributions for the following closed-end funds, all with declaration dates of July 1, 2022, ex-dates of July 19, 2022, record dates of July 20, 2022, and payout dates from July 29, 2022:


Fund (symbol)

Revenue/

To share

Other Resources/

To share*

Total amount/

To share

MFS® Chartered Income Trust

(NYSE: MCR)^

$0.0000

$0.046860

$0.046860

MFS® Government Markets Income Trust

(NYSE: MGF)^

$0.0000

$0.022610

$0.022610

MFS® Municipal High Income Trust

(NYSE: CXE)

$0.01650

$0.0000

$0.01650

MFS® Municipal High Yield Trust

(NYSE: CMU)

$0.0150

$0.0000

$0.0150

MFS® Upper Middle Income Fund

(NYSE: CIF)^

$0.0000

$0.015020

$0.015020

MFS® Middle Income Trust

(NYSE: MIN)^

$0.0000

$0.022560

$0.022560

MFS® Municipal Investment Grade Trust

(NYSE: CXH)

$0.0280

$0.0000

$0.0280

MFS® Multi-Market Income Trust

(NYSE: MMT)^

$0.0000

$0.033640

$0.033640

MFS® Municipal Income Trust

(NYSE:MFM)

$0.02050

$0.0000

$0.02050

MFS® Special Value Trust

(NYSE: MFV)^

$0.0000

$0.038460

$0.038460

^The fund has adopted a managed distribution plan. Under a managed distribution plan, to the extent that sufficient investment income is not available on a monthly basis, the fund will distribute long-term capital gains and/or return of capital in order to maintain its level of managed distribution. You should not draw any conclusions about the fund’s investment performance from the amount of the fund’s distributions or the terms of the fund’s managed distribution plan. The board of directors of the fund may modify the terms of the plan or terminate the plan at any time without prior notice to the shareholders of the fund. The amendment or termination of a plan could have an adverse effect on the market price of the common shares of the fund. The plan will be subject to periodic review by the Board. With each distribution that does not consist solely of net investment income, the fund will issue a notice to shareholders and a related press release that will provide details of the amount and composition of the distribution and other related information. The amounts and sources of distributions set forth in the notice to shareholders are estimates only and are not provided for tax reporting purposes. Actual amounts and sources of amounts for tax reporting purposes will depend on the investment experience of the fund over its full financial year and may be subject to change based on tax regulations. The fund will send shareholders a Form 1099-DIV for the calendar year that tells them how to report these distributions for federal income tax purposes. The fund may sometimes distribute more than its net investment income and net realized capital gains; therefore, part of the distribution may give rise to a return of capital. A return of capital can occur, for example, when some or all of the money shareholders have invested in the fund is returned to them. A return of capital does not necessarily reflect a fund’s investment performance and should not be confused with ‘yield’ or ‘income’. Such returns of capital will reduce the total assets of the fund and, therefore, may have the effect of increasing the expense ratio of the fund. In addition, in order to make the level of distributions provided for by its plan, the fund may have to sell portfolio securities at a less opportune time. For information on the estimated source of distributions paid in prior periods, please visit MFS.com and click on the following links: Products and strategies, closed-end funds, information on the source of dividends.

*Distribution from “Other Sources” may contain sources of income other than ordinary income, such as short-term capital gains, long-term capital gains or returns of capital, which cannot be determined only at the end of the financial year of the fund. Distributions that are treated for federal income tax purposes as a return of capital will reduce a shareholder’s tax base on their shares and, to the extent the distribution exceeds a shareholder’s adjusted tax base , will be treated as a gain to the shareholder from a sale of shares. Please see the most recent information on the source of the fund’s dividends available from the date of payment on MFS.com for the distribution breakdown.

Investors wishing to make changes to their accounts should contact their financial adviser, brokerage firm or other agent with whom the shares are registered. If the shares are registered with the transfer agent of the funds, Computershare, the transfer agent can be contacted directly at 800-637-2304, or www.computershare.com.

About MFS Investment Management

In 1924, MFS launched the first open-end mutual fund in the United States, opening the markets to millions of ordinary investors. Today, as a full-service global investment manager serving financial advisors, intermediaries and institutional clients, MFS continues to pursue one goal: to create long-term value for clients by allocating capital responsible. This requires our powerful investment approach combining collective expertise, thoughtful risk management and long-term discipline. Supported by our culture of shared values ​​and collaboration, our teams of diverse thinkers actively debate ideas and assess material risks to uncover what we believe are the best investment opportunities in the market. As of May 31, 2022, MFS manages US$597.5 billion in assets on behalf of individual and institutional investors worldwide. Please visit mfs.com for more information.

Funds are closed-end investment products. Common shares of the funds are only available for purchase/sale on the NYSE at the current market price. Shares may trade at a discount to net asset value.

MFS Investment Management

111 Huntington Ave, Boston, MA 02199

15812.166